Posts by Damon
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Last night was the last straw for this managed account, instead of 250 pips up I took another negative, that's 5 positive trades this account messed up. If it was not one thing it was another, while it happily missed only 2 negative trades... I must have something going on in my universe to make it go that whacky and only if it is going to be a positive trade... like it knew the future or something. I would not invest in an account that had a graph like this. So it is redundant. The EA is off and I killed the account. I will continue to use/work on this EA as I am still well up with it in pe......
Trading Company In Trading Systems Apr 14 2011 at 03:19
Yes I concur, even if it is not blown and he has just gotten lazy with updating, there is no reason he cannot have his EA do the regular 5 min or hour or daily auto updates unless he needs time to manipulate the feed or is otherwise hiding something.
As I said, some people have an IB business, it would destroy there business to show the broker, the brokerage would get the leads for free, the IB would go out of business, what I am suggestion would show the broker but leave the IBs business intact. Damon
Fantastic, well done :)
Uda, What did you learn?
Alright, this is just embarrassing. I switched over to the pending robot and the first pending order it puts on, the market does not even touch it, it goes straight through in to a new range, if I left it the normal way, I would have realized 128 pips... Then to top it off I am trading twice my usual size because the managed account is so small, and it is now showing a draw down that should never be. I will let the account get back to 0 on this insane setting then switch to a new account that has more money in it so I can keep this setting (as it is the most robust way I have found). The on......
I have the pending order version of the EA running now as of seconds ago. It increases my back test Profit factor by 1/2 a point, so I am very pleased with it, although it does miss a few runs I can't argue with the profit factor. -money well spent. I have also implemented both the "reversal strategy" and the original "trend strategy" at the same time... when I first started this account it used only the "reversal" as the "trend" one had a draw down I did not like, now that it uses pending orders the DD has been not only controlled but is better the &q......
Alpari UK Classic In Trading Systems Apr 04 2011 at 21:28
Hi Baraban, What I meant was a PAMM managed account, you know you can attach an EA to your MT4 with a PAMM account and everyone else's account follows right? You only need to have one instance of MT4 running to manage thousands of accounts. Also your fee comes right off the top of each trade, the brokerage itself deals with distribution. Also, everyone gets filled at the same price, because it is traded as a lumped aggregate. Is 2 pips on the Euro and 3 pips on the other majors too big a spread for your trading style?
Is it possible to to add a field in your "display broker" option where we can put a bit.ly link or otherwise track-able link? I don't think brokers should be hidden on this site, but I also don't think it should destroy someones IB business to have to display it on here. I think if you incorporated this option you would get a higher class of managed accounts using myfxbook as professional promoters would still make their commissions whilst using that track-able link, and so would come here to promote. The only problems I foresee is that you would need to approve each link as......
Spytrader In Trading Systems Apr 04 2011 at 11:31
Spy Trader, absolutely beautiful ! I am E-mailing to ask you to do a proper managed so I can send you clients... PLEASE do it! I just left a post in another top systems saying they were the one I wanted to beat, but in fact your EA is much more robust than his, I hope you see another favorable market condition for your EA like the conditions in your first month !
Rightmove House Price Index (MoM) (22h 15min)
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USDJPY 102.431 USDCAD 1.10235
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